They’re Back! Theta Capital Aims to Snag $200M with Blockchain Fund-Will They Succeed?
According to Bloomberg Law-usually the harbinger of good news and serious eyebrows raised-this ambitious fund is refreshingly designed to be a “fund of funds.” Sounds like someone is going to brunch and taking a little bit of everything from the buffet! Theta Capital has lofty goals: they’re planning to invest in up to 15 venture capital firms that specialize in digital assets, all while maintaining a net internal rate of return (IRR) of 25%. Because, apparently, “maxing out your credit card just isn’t quite the same.” 🤑